EU bans providing ‘high-value crypto-asset services’ to Russia
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal.
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NY State Supreme Court dismisses petition against crypto mining company
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm.
Russians collectively hold $130B in crypto, prime minister says
Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation.
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.
Toomey drafts bill to exempt stablecoins from securities regulations
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
Sweden’s central bank completes second phase of e-krona testing
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.
US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law
"The United States must have a plan in place to protect our financial systems from the risks of [El Salvador's decision," said Representative Norma Torres.
Singapore aims to streamline financial watchdog’s authority over crypto firms
"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan.
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs.
Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments.
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